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Manulife Trust is a wholly owned subsidiary of Manulife Bank. Like its parent company, Manulife Bank, Manulife Trust is a member of the Canada Deposit Insurance Corporation (CDIC). In 2015, Manulife Bank entered into a deal with Alimentation Couche-Tard to add ATM machines to 830 Mac's Convenience Stores, Circle K, and Couche-Tard locations. [6 ...
A Mississauga-based company, MFP Financial Services (now Renasant Financial Partners) provided financing for the park. [19] On September 25, 2000, Waterloo council unanimously approved a lease-style loan of $48.3 million after being told that the interest rate was 4.73 per cent, and the total payout over 30 years was $112.9 million. [ 19 ]
Manulife Financial Corporation (French: Financière Manuvie) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. [ 4 ]
Manulife: North Waterloo Farmers Mutual 1874 2016 Merged with Oxford Mutual to form Heartland Farm Mutual North West Life Assurance Company of Canada 1966 2000 Became the Industrial-Alliance Pacific Life Insurance Company. Northern Life Assurance Company of Canada 1894 1986 Acquired by the Inland Financial Company.
Waterloo has a strong knowledge and service-based economy with significant insurance and high-tech sectors as well as two universities. [73] The city's largest employers are Sun Life Financial, the University of Waterloo, Manulife Financial, BlackBerry, [74] Sandvine and Wilfrid Laurier University. [75] [74]
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The genesis of the Dominion Life Assurance Company was a meeting in March 1888 at Snyder's Drug Store in Waterloo at 4 King Street South. The meeting included prominent local figures Isaac Erb Bowman (1832–1897), Peter Harvey Sims (1844–1920), John Shuh (1828–1901), Simon Snyder (1846–1902), and Thomas Hilliard (1841–1937).
Upon the purchase, Sun Life overtook Manulife to become Canada's largest insurance company. After the sale, Clarica was merged into the Sun Life Assurance Company of Canada, and the corporation was dissolved at the end of 2002. That year, Sun transferred the headquarters of its Canadian operations from Toronto to Waterloo, where they remain today.